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Mutual Funds Floating Exchange Rates Foreign Exchange Market Time value of money
Professionally managed collective investment vehicle that pools money from many investors to purchase securities. Type of exchange rate regime wherein a currency’s value is allowed to fluctuate according to the foreign exchange market. Forex (FX) is a form of exchange for the global decentralized trading of international currencies. The time value of money is the value of money with a given amount of interest earned or inflation accrued over a given amount of time.